Graph looks messy, but if it is following the trend lines, if it sustains above 775 then it will definately hit 875+, RSI shows 58 within buying range..
#GPIL trading above Resistance of 793 Next Resistance is at 1270 Support is at 497 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
GPIL Godawaripower (Daily) CMP 757 Parallel channel / Trendline breakout with Volume W Type pattern Volume spurt Invalid below low of breakout candle low (closing basis) Disclaimer: No Buy sell recommendation for educational purpose only.
GODAWARI - VCP in Making by SG Gallantispat 1) Weekly Inclined Tredline 2) VCP 3) May breakoup Again and that too Sharply
Textbook Bullish Flag Pattern on daily chart 732 Target 497 SL : 1 day below close base. Risk is yours and Reward is too yours totally. Time Frame : 3 months
#GPIL CMP ₹.756.9 Date: 30-12-2023 Godawari Power & Ispat Ltd is an India based integrated steel company. The company's segment includes steel and electricity. Promoter holdings more than 60% with zero promoter pledge and almost debt free company. Stock is now at its 52 week high with fair volumes. Technically looking good with breakout of multiple resistance...
GPIL – undervalued stock waiting for a breakout good rally may happen if the price sustains above 780 daily
GPIL (1D TF) Swing Trade Analysis given on 18th December, 2023 (Monday) Pattern: ASCENDING CHANNEL - Breakout of Resistance - Done ✓ - Retracement & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #gpil
After an ATH breakout the stock went little upside and then went into a 10 weeks consolidation forming base of 18% range in 10 weeks and finally coming out of the base. Quarterly results came out are decent. Promoter holding have came down a little and Fii holdings have increased. Price is trading above all the key moving averages. 544-577 shall now act as a...
#GPIL + TIGHTNESS + IB + ABOVE 644 LOOKS GOOD! + SL will be mother candle low!. + Might trigger as soon as monday!
Godavri power- continues in uptrend & fresh breakout with good volume. All oscillators are positive. Buy above 625 Sl 595 Tgt 635-640-650-665 as per pivot level.
In continuous uptrend and showing breakout signs today.. need to close the recent high for confirmation
One of the stocks i track but never bothered with this entire move because it made no sense to me. Volumes were down..Pellet prices were stagnant.. There is no a negative triple RSI divergence on the daily. The stock could start to correct from here.. Because its not in F&O it can't be shorted else it'd have made the perfect short below 565 with a stoploss...
sell formation in GPIL ENTRY 431 377 308 LAST SUPPORT 147 abhi nhi aayega
chart look good for swing trade. This is just an educational view.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
Long Position in Godawari Power and Ispat Limited. Breakout with good Volume.